Growth in the US specialty films market will total 4.8% annually through 2019 in value terms. Advances will be driven by new product development in areas such as modified atmosphere packaging films, photovoltaic films, and films for lithium-ion batteries. Additionally, technological innovations will allow specialty films to displace competitive materials.
This report segments the specialty films industry by Function, Market, and Resin. Data is provided in million US dollars.
Specialty film functions include:
Safety & Security Films
Conductive & Insulative Films
Light Control Films
Water Soluble Films
Barrier films will remain the largest of these through 2019. Fastest growth will be for biodegradable films, driven by increasing restrictions on the use of traditional plastic bags, as well as rising consumer awareness of sustainability issues.
Major specialty film markets include:
Personal Care Products
Packaging was the leading outlet in 2015. The most rapid gains through 2019 are forecast for the construction market, fueled by strong growth in building construction activity, as well as the growing use of window films to improve energy efficiency.
Among the key resins used in specialty films are:
Polyolefins (Polyethylene & Polypropylene)
Polyvinyl Butyral (PVB)
Ethylene Vinyl Alcohol (EVOH)
Polyvinylidene Chloride (PVDC)
Going forward, fluoropolymer films will see the strongest advances, benefiting from opportunities in the solar energy and barrier packaging markets.
The US specialty films industry ranges from small, privately held firms to divisions of large, multinational conglomerates. The industry has seen a number of notable acquisitions and divestitures in recent years. Leading suppliers include Bemis, DuPont, Eastman Chemical, Kuraray, and Sealed Air.